In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss the components driving the Consumer Price Index and the Federal Reserve’s efforts to bring inflation under control. Read More ›
The REconomy Podcast™: Breaking Down the Federal Reserve’s Efforts to Control Inflation
The REconomy Podcast™: What are the housing market’s leading indicators signaling about the housing market?
In this episode of the REconomy Podcast™ from First American, Chief Economist Fleming and Deputy Chief Economist Odeta Kushi discuss which key housing market metrics are leading indicators and share their analysis of what each leading indicator is signaling about the direction of the market. Read More ›
The REconomy Podcast™: How Will Rising Interest Rates Impact Commercial Real Estate Cap Rates?
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how rising interest rates may impact commercial real estate cap rates using their proprietary Potential Cap Rate Model. Read More ›
The REconomy Podcast™: Here’s How We Know that Housing Supply is Still Low
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi walk through several measures of housing supply and what those housing supply measures tell us about the housing market. Read More ›
The REconomy Podcast™: Don’t be Alarmed by the Increase in ARMs
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why the recent increase in adjustable-rate mortgages (ARMs) does not necessarily signal an impending housing bust. Read More ›
The REconomy Podcast™: Understanding the Neutral Rate of Interest, Inflation and the Housing Market
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why the neutral rate of interest is an important metric in Federal Reserve’s fight against inflation and what it means for the housing market. Read More ›
The REconomy Podcast™: Breaking Down the Recency Bias in Housing Market Data
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how recency bias is fueling some angst over trends in housing market data and explain why today’s housing market looks a lot like the 2019 housing market, which was the strongest housing market in a decade at ... Read More ›
The REconomy Podcast™: Housing Bubble or No Housing Bubble?
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the health of the housing market and address the question, ‘housing bubble or no housing bubble?' Read More ›
The REconomy Podcast™: What does it mean when mortgage rates are less than the rate of inflation?
In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the extremely rare phenomenon of real, negative mortgage rates – when the average 30-year, fixed mortgage rate is less than the rate of inflation – and explain what it means for the housing market. Read More ›